Archive for October 18th, 2013

Foreign Exchange Insights and Next Week

Next Week

October 18, 2013

Central Bank interest rate policy meetings are scheduled next week in Canada, Mexico, Norway, Sweden, Turkey and the Philippines.  The Bank of England releases minutes from its October meeting, and the Reserve Bank of Australia publishes its annual report.  Bank of England Governor Carney and the bank’s chief economist, Charles Bean, speak publicly.  So do […] More

Central Bank Watch

Easing by National Bank of Serbia

October 18, 2013

The Executive Board agreed to its third interest rate cut within five months today, citing lower, in-target inflation and reduced expected inflation.  The policy interest rate was reduced by 50 basis points to 10.5%.  Cuts of 50 bps in May and 25 bps in June were made earlier.  The rate had been at 11.75% following […] More

New Overnight Developments Abroad - Daily Update

Chinese Data Mostly as Expected

October 18, 2013

This week, which began fraught with expectation, is ending on a pretty quiet note with few data releases other than a slew of Chinese figures. The dollar is unchanged against the yen, loonie and yuan, up 0.3% relative to the Australian dollar, down 0.3% versus sterling and off 0.1% against the euro, Swiss franc and […] More